Decisions, Money & Entrepreneurship
Money In, Money Out
This lesson helps students track where money comes from, where it goes, and what is left. They practise choices in a budget simulation and build a simple Cash Flow Snapshot for their own week.
What you will learn
- Track where your money comes from and where it goes in a normal week.
- Understand the basics of cash flow: money in, money out, and what the balance tells you.
- Practise making choices in a limited budget and see how those choices affect what you have left.
- Create a simple Cash Flow Snapshot to show your money in, money out, and what is left this week.
What happens in this lesson
Chapter 1: Where Money Goes
Track where your money comes from and where it goes in a normal week.
What you make: A saved money flow observation sheet showing the learner's actual inflow and outflow over one realistic week.
Chapter 2: Cash Flow Basics
Understand the basics of cash flow: money in, money out, and what the balance tells you.
What you make: A saved cash flow basics note explaining the key concepts in the learner's own words.
Chapter 3: Budget Simulation
Practise making choices in a limited budget and see how those choices affect what you have left.
What you make: A saved budget simulation result sheet showing the learner's choices across a week of constrained spending decisions.
Chapter 4: Cash Flow Snapshot
Create a simple Cash Flow Snapshot to show your money in, money out, and what is left this week.
What you make: A completed Cash Flow Snapshot with the learner's own money in, money out categories, and the resulting state.
Chapter 5: Irregular Income, Real Life
Use cash flow skills when income arrives at different times during the month.
What you make: A saved irregular-income cash flow plan showing how the learner would manage a three-week money pattern with gaps, delays, and trade-offs.
Key terms in this lesson
Budget
A plan you make in advance for what your money will do, before any of it gets spent.
Earnings
Money you receive from work, projects, rewards, or other activity.
Expense
Money going out. Splits into fixed expenses (the same every month) and variable expenses (different each month).
Income
Money coming in to you or to a business. The first number on any budget.
Needs vs Wants
Needs are the things that keep you safe and well. Wants make life nicer. Mixing them up is what empties most budgets.
Opportunity Cost
What you give up when you choose one option over another. Every dollar and every hour has a second-best use.
Salary Band
A pay level that sets how much someone receives in a salary system.
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